OUTFRONT Media (NYSE:OUT) Reaches New 1-Year High – Still a Buy?

OUTFRONT Media Inc. (NYSE:OUTGet Free Report)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $31.85 and last traded at $31.6310, with a volume of 488 shares changing hands. The stock had previously closed at $31.71.

OUTFRONT Media News Roundup

Here are the key news stories impacting OUTFRONT Media this week:

  • Positive Sentiment: Zacks Research raised multiple near‑ and medium‑term EPS estimates for OUTFRONT, including Q1‑2026 to $0.22 (from $0.20), Q3‑2026 to $0.55 (from $0.54), Q1‑2027 to $0.31 (from $0.30), Q2‑2027 to $0.56 (from $0.55), Q3‑2027 to $0.55 (from $0.54), FY2026 to $2.03 (from $2.02), FY2027 to $2.15 (from $2.13) and FY2028 to $2.31 (from $2.29). These upward tweaks suggest slightly stronger expected profitability, which can put modest upward pressure on the stock. Zacks estimate updates (aggregated)
  • Neutral Sentiment: OUTFRONT launched a “Moments by OUTFRONT” series in partnership with Creators 4 Mental Health to run in NYC transit, a branding/engagement initiative that can support audience reach and advertiser relationships over time but is unlikely to have an immediate material earnings impact. OUTFRONT Partners with Creators 4 Mental Health

Analysts Set New Price Targets

A number of analysts recently weighed in on OUT shares. TD Cowen increased their price objective on shares of OUTFRONT Media from $24.00 to $32.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Zacks Research lowered shares of OUTFRONT Media from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Barrington Research increased their price objective on shares of OUTFRONT Media from $27.00 to $33.00 and gave the stock an “outperform” rating in a research report on Monday, March 2nd. Finally, Wells Fargo & Company increased their price objective on shares of OUTFRONT Media from $27.00 to $30.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $27.86.

Check Out Our Latest Stock Report on OUT

OUTFRONT Media Trading Up 0.2%

The firm has a market capitalization of $5.47 billion, a PE ratio of 38.84, a price-to-earnings-growth ratio of 1.50 and a beta of 1.50. The stock’s 50-day moving average price is $28.25 and its 200 day moving average price is $24.79. The company has a debt-to-equity ratio of 3.63, a current ratio of 0.92 and a quick ratio of 0.92.

OUTFRONT Media (NYSE:OUTGet Free Report) last issued its earnings results on Wednesday, February 25th. The financial services provider reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.16). The company had revenue of $513.30 million for the quarter, compared to analysts’ expectations of $511.61 million. OUTFRONT Media had a return on equity of 24.86% and a net margin of 8.03%. On average, sell-side analysts expect that OUTFRONT Media Inc. will post 2.07 EPS for the current fiscal year.

OUTFRONT Media Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 6th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, March 6th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.9%. OUTFRONT Media’s dividend payout ratio (DPR) is 150.00%.

Insider Buying and Selling

In other news, Director Manuel A. Diaz sold 11,271 shares of the firm’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $26.93, for a total transaction of $303,528.03. Following the transaction, the director directly owned 36,244 shares of the company’s stock, valued at approximately $976,050.92. This trade represents a 23.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Matthew Siegel sold 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $25.79, for a total transaction of $1,289,500.00. Following the transaction, the executive vice president directly owned 289,925 shares in the company, valued at approximately $7,477,165.75. This trade represents a 14.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.47% of the company’s stock.

Hedge Funds Weigh In On OUTFRONT Media

A number of hedge funds and other institutional investors have recently modified their holdings of OUT. Balyasny Asset Management L.P. boosted its stake in shares of OUTFRONT Media by 226.8% during the fourth quarter. Balyasny Asset Management L.P. now owns 2,310,195 shares of the financial services provider’s stock valued at $55,676,000 after purchasing an additional 1,603,315 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of OUTFRONT Media by 5.3% during the fourth quarter. Vanguard Group Inc. now owns 22,654,899 shares of the financial services provider’s stock valued at $545,983,000 after purchasing an additional 1,131,954 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of OUTFRONT Media by 85.2% during the second quarter. Ameriprise Financial Inc. now owns 1,788,695 shares of the financial services provider’s stock valued at $29,192,000 after purchasing an additional 822,845 shares in the last quarter. Woodline Partners LP bought a new position in shares of OUTFRONT Media during the third quarter valued at approximately $13,705,000. Finally, Federated Hermes Inc. boosted its stake in shares of OUTFRONT Media by 199.9% during the fourth quarter. Federated Hermes Inc. now owns 905,641 shares of the financial services provider’s stock valued at $21,826,000 after purchasing an additional 603,694 shares in the last quarter.

About OUTFRONT Media

(Get Free Report)

OUTFRONT Media Inc is a leading out-of-home (OOH) advertising company offering a broad range of billboard, transit and digital display solutions across major urban markets in the United States and Canada. Its portfolio encompasses traditional static billboards, high-resolution digital signage, transit media on buses, trains and taxis, as well as street furniture placements such as bus shelters, kiosks and urban panels. The company partners with brand marketers to deliver high-impact campaigns that engage consumers outside the home environment.

Through an extensive network of assets in key metropolitan areas, OUTFRONT provides advertisers with premium visibility along highways, city streets and transit corridors.

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